Why GoodRx Stock Soared Today

Shares of GoodRx Holdings (GDRX 20.40%) rallied by 20.4% on Thursday after the company announced stronger-than-expected quarterly results and a new stock buyback program.A solid quarterIn the fourth quarter, GoodRx's revenue grew 7% year over year to $196.6 million, translating to adjusted (non-GAAP) net income of $31.1 million, or $0.08 per share, up from $0.07 per share in the prior-year period. Analysts, on average, were only modeling for earnings of $0.07 per share on slightly lower revenue. GoodRx ende ...